LIGHTPATH TECHNOLOGIES INC
Financial highlights
| Metric | FY 06/30/26 | FY 06/30/25 | FY 06/30/24 | FY 06/30/23 | FY 06/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $71.7M | $37.2M | $31.7M | $32.9M | $35.6M |
| Cost of revenue | $45.9M | $27.1M | $23.1M | $21.9M | $23.7M |
| Gross profit | $25.8M | $10.1M | $8.6M | $11.1M | $11.8M |
| Selling, general & administrative | $24.7M | $15.8M | $12.3M | $11.4M | $11.2M |
| Research and development | $3.8M | $3.1M | $2.4M | $2.1M | $2.1M |
| Operating expenses | $45.5M | $22.0M | $16.5M | $14.6M | $14.4M |
| Operating income | -$19.7M | -$11.8M | -$7.8M | -$3.6M | -$2.6M |
| Interest expense | — | $1.1M | $191,862 | $283,266 | $229,475 |
| Pretax income | -$20.2M | -$14.8M | -$7.9M | -$3.8M | -$2.7M |
| Income tax expense | $314,713 | $37,790 | $67,490 | $234,034 | $862,907 |
| Net income | -$20.5M | -$14.9M | -$8.0M | -$4.0M | -$3.5M |
| Balance Sheet | |||||
| Cash and equivalents | $93.2M | $4.9M | — | $4.7M | $5.5M |
| Current assets | $129.9M | $28.4M | $15.5M | $21.8M | $18.2M |
| Total assets | $194.0M | $81.5M | $48.1M | $53.5M | $50.7M |
| Current liabilities | $26.2M | $17.1M | $8.0M | $6.8M | $7.7M |
| Total liabilities | $35.6M | $31.6M | $17.9M | $17.6M | $21.0M |
| Stockholders' equity | $149.5M | $15.6M | $30.2M | $36.0M | $29.7M |
| Cash Flow Statement | |||||
| Cash from operations | -$10.2M | -$8.3M | $521,037 | -$2.8M | $1.5M |
| Depreciation and amortization | $5.0M | $4.1M | $2.4M | $3.2M | $3.6M |
| Stock-based compensation | $2.9M | $1.0M | $1.0M | $1.3M | $825,250 |
| Capital expenditure | $6.3M | $1.3M | $2.2M | $3.1M | $1.6M |
| Free cash flow | -$16.5M | -$9.6M | -$1.7M | -$5.9M | -$162,486 |
Shares outstanding 62.8M · Free float 47.3%
Annual filing data through FY ended June 30, 2026; float as of September 7, 2026.